13 Per Cent Invested in ISAs is Ethical

There is an increasing amount of money being put into ethical investment in the UK, according to research from Co-operative Investments.

The financial service revealed that 13 per cent of wealth invested in ISAs is ethical.

This represents a total of £6.8 billion now invested in funds focusing on sustainable companies and firms working to tackle issues such as climate change and the global power shortage.

Rod Bulmer, managing director of retail at the Co-operative Financial Services commented: "Sustainable investment is not a niche for ethically-minded consumers. It offers a fantastic chance to grow investors' money over the long-term by exploiting the exciting investment opportunities from major changes occurring throughout the world.

"The need to tackle issues such as ageing populations, climate change and global power shortage are fundamental in global society, and will create investment opportunities for some time to come."

Personal ethical investments have more than doubled in the past decade as the financial service provider found that investments in 1999 were only at £2.8 billion and were generally regarded as having purely ecological benefits.